Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more.

£27,500 - £3million

Whatever the business purpose, our loans can fund from small to large.

30min decision

We can provide an offer without credit checks in less than an hour.

Up to 70% LTV

High LTVs for a range of business purposes.

We’re flexible

You choose the loan term and when to pay the interest.

Representative example:
Based on interest only bridging loan. If you borrow £100,000 over 1 year at a rate of 0.6% pcm / 7.2% p.a fixed for the term, you will pay 12 instalments of £600 per month and a total amount payable of £109,850. This includes repayment of the net loan, interest of £7,200, an arrangement fee of £2,000 and administration fee of £650. The overall cost for comparison is 9.85% APRC.

Why make
bridging difficult

Somo are on a mission to make applying for a bridging loan as simple as walking into a high street bank.

Apply in Minutes
We make our application process quick, simple and paperless whether you enquire online or over the phone.

From Application to Funding
Our dedicated and friendly team support Borrowers who come direct to Somo every step of the way.


4 Steps to Funds

Taking out a bridging loan with Somo couldn't be simpler.


Fill out our short application form online to enquire with Somo.

If you’d prefer to speak to one of our team directly, book a call via the link below.

Full Credit-Backed Offer

Our friendly team are always happy to help.

We’ll aim to provide you with a full offer and DIP within 30 minutes of receiving your application.

Valuation, Legals & Underwriting

Your case will be passed over to our Underwriting team.

We’ll assign a dedicated Case Manager to be on hand to answer questions throughout the process.


The final stage of the process when all paperwork is finalised, the case has completed and funds are transferred to you.


    You decide.

    You can decide how you pay your interest. You can either pay interest monthly or you can pay at the end of the loan period - or a combination of both. Most Borrowers like to pay all their interest at the end of the loan term.

    Yes! If you are, or will be, a property owner.

    At Somo we do not have set criteria. We lend 1st, 2nd or 3rd charges on land, commercial, buy-to-lets and Houses in Multiple Occupation. We will also lend 2nd and 3rd charges on residential, land, commercial, buy-to-lets, HMOs and bridging out of a bridge. We do not make regulated loans.

    It's a matter of time.

    The rates vary depending on how long you use the loan, your repayment plan and the loan to value. For more information about our rates, get in touch on 0161 312 5656.

    For business/investment purposes.

    You can use the money for business/investment purposes. This will be discussed during the application process.

    The Valuation fee and a £350 'lock-in' fee.

    The only fees that you pay up front are the Valuation fee and 'lock-in' fee. Other costs can be added to the loan. Unlike many other lenders, we don't require payment of legal fees upfront; instead, this can be added to the repayment of the loan.

    30 minutes decision in principle.

    We approve loans, subject to a valuation and underwriting, within 30 minutes of your application. Once you agree to the decision in principle the completion time is up to you and your solicitors. We have been known to complete loans within 24 hours.

Always on
hand to help

You can apply for a loan with Somo by filling out our short application form and one of our dedicated team will respond within 30 minutes.

Alternatively, if you prefer to speak to one of our team directly, we’re available to call Monday-Friday 8:30am-5:30pm.


Let’s get started

Prefer to speak to our team? Call 0161 312 5656

  • Loans from £27,500 to £3,000,000
  • Any status accepted
  • Up to 70% LTV (loan to value)
  • 1st, 2nd, 3rd and Equitable charges
  • You choose the loan term
  • You choose when to pay the interest

Any questions?